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Uncovering Hidden Divorce Assets Can Be a Tricky Game to Play

Date:
May 30, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
Divorce is difficult but it's even harder when a spouse has stashed away some money. The first best place to look is in a tax return. Start with Schedule B, where dividends, interest, capital gains and losses are matched with known investments. When the math doesn't add up, it's a red flag that there might be a secret account. Another clue is when a departing spouse overpays a credit card with the intent of applying for a refund after the divorce is final. Outsmart your ex by reviewing all credit card statements. Beware of phony bill collectors as some wives and husbands create fake loans with relatives and friends to drain money out of joint bank accounts. All is fair in love and war, and that means kids are not off limits. Video provided by TheStreet


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last updated on 2014-09-23 at 12:51 am EDT

Uruguayan Creates Chess Game for Multiple Opponents

Uruguayan Creates Chess Game for Multiple Opponents

AFP (July 19, 2014) — It no longer takes two to play chess – or at least according to a new version of the game invented by Uruguayan Gabriel Baldi, where up to four opponents can play. Duration: 00:31 Video provided by AFP
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IRS Rules Bitcoin Is Property and Subject to Capital Gains Tax

IRS Rules Bitcoin Is Property and Subject to Capital Gains Tax

TheStreet (Mar. 28, 2014) — The Internal Revenue Service has determined that bitcoin will be treated as property, not currency. In its first big ruling on the virtual currency on Tuesday, the IRS said that bitcoin does not have "legal tender status." As a result of bitcoin being regarded as property, it can be treated as capital assets, governed by the same rules as stocks and bonds. In addition, the IRS said that people who receive wages in bitcoins would also be subject to federal income and payroll taxes. Video provided by TheStreet
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Nintendo Changed Gaming World, but Its Future Uncertain: Upstone

Nintendo Changed Gaming World, but Its Future Uncertain: Upstone

AFP (Apr. 19, 2014) — The Nintendo Game Boy celebrates its 25th anniversary Monday and game expert Stephen Upstone says the console can be credited with creating a trend towards handheld gaming devices. Duration: 01:21 Video provided by AFP
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LeapFrog Announces New Way to Teach Kids About Their Body With New Human Body Discovery Pack

LeapFrog Announces New Way to Teach Kids About Their Body With New Human Body Discovery Pack

MultiVu (Sep. 20, 2012) — LeapFrog Enterprises, Inc., the leader in educational entertainment, today announced Tag Human Body Discovery Pack, a unique two-sided interactive chart and game board that helps kids learn about the human body through discovery, exploration and play. Today elementary schools do not place enough emphasis on topics of science, healthy habits and nutrition, making it increasingly important to give kids the tools to make smart choices.
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